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"Going global is a top strategic priority for Didi," said Cheng Wei, founder and CEO of the company. "With enhanced investments in AI capabilities and smart transportation solutions, we will continue to advance the transformation of global transportation and automotive industries through diversified international operations and partnerships."

"Floating on Nasdaq is both a milestone and a starting point for 111 Inc and our mission is much bigger than public listing on the stock market," said Yu Gang, co-founder and executive chairman of 111 Inc.

"Further institutional opening up will present significant business opportunities for foreign companies and investors," Zhang said.

"For example, it is powerful enough to change the cosmetics industry and force them to make more water-based makeup products instead of oil-based ones for young ladies. The young females love to take selfies in the morning when their makeup is fresh and oil-based cosmetics would ruin a perfect selfie by making them look oily."

"Floods in the county usually will not result in big losses to people's lives and wealth unless there are buildings in the watercourses," he said.